By Angela McDaniels
Tacoma, Wash., July 24 - Deutsche Bank AG, London Branch priced $2.14 million of 0% capped Buffered Underlying Securities due Oct. 29, 2009 linked to a basket of two indexes and one exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.
The basket includes the S&P 500 index with a 40% weight, the Russell 2000 index with a 40% weight and the Financial Select Sector SPDR fund with a 20% weight.
The payout at maturity will be par plus 200% of any basket gain, subject to a maximum return of 22%. Investors will receive par if the basket declines by 10% or less and will lose 1% for every 1% decline beyond 10%.
Deutsche Bank Securities Inc. and Deutsche Bank Trust Co. Americas are the agents.
| Issuer: | Deutsche Bank AG, London Branch
|
| Issue: | Capped Buffered Underlying Securities
|
| Underlying basket: | S&P 500 index (40% weight), Russell 2000 index (40% weight) and Financial Select Sector SPDR fund (20% weight)
|
| Amount: | $2.14 million
|
| Maturity: | Oct. 29, 2009
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 200% of any basket gain, capped at maximum return of 22%; par if basket falls by 10% or less; 1% loss for every 1% decline beyond 10%
|
| Initial levels: | 1,277.00 for S&P 500; 716.82 for Russell 2000; $22.49 for Financial Select Sector SPDR fund
|
| Pricing date: | July 22
|
| Settlement date: | July 29
|
| Agents: | Deutsche Bank Securities Inc. and Deutsche Bank Trust Co. Americas
|
| Fees: | 0.3%
|
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